Munich / Frankfurt the Chinese air conditioning and home appliances manufacturers Midea plans to increase its participation in the robot manufacturer Kuka strong and together with the Augsburgers roll up the market for the automation of logistics. Via its subsidiary Mecca International Asians gave on Wednesday a public takeover bid from: Pro Kuka share they offer therefore 115 euros – equivalent to an enterprise value of approximately EUR 4.5 billion.
Midea currently holds 13.5 percent of Kuka shares and wants to – as the condition for the takeover offer – save at least 30 percent. However, the control of Kuka they do not want to take over by its own account as then the largest single shareholder. The board to Till Reuter had kept a free hand.
These German companies are now Chinese
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the concrete pumping world leader Sany Heavy Industry takes over in January 2012, the Swabian company for well 320 million Euro.